I am once again joined for our Tax series by Simon Howley and Andrew Thornhill QC as we discuss Tax issues for Property Investment and Trading.
As always the sheer volume of useful information that Simon and Andrew provide is sensational. Some of the discussion points we include in this episode are;
Traps for people setting up spvs and selling the spv.
Benefits and disadvantages of company ownership or personal ownership.
What happens if you have a trading company with property in as trading stock but then you have to hold the properties and rent them out and vice versa.
Different issues on different types of taxes in terms of investment and trading companies holding property.
When does selling property go from creating a capital gain to income for tax purposes.
Vat tax traps for developers who end up having to hold property.
Carrying losses forward or back being lost when having to hold property and turning trading activity into investment activity.
Tax benefits for investors investing into developments.
Structuring shares for JVs
Tax benefits of loaning to developers from an off shore trust if they are short term loans rather than longer term loans.
Benefits of charging interest on your directors loan.
And lots more
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